Avoiding Common Pitfalls With Annuity Purchases: Shootin’ It Straight With Stan

In this episode, The Annuity Man discussed: 
Focusing on contractual guarantees

What annuities solve for 

Common annuity pitch traps 

 
Key Takeaways: 
Avoid non-guaranteed hypotheticals and focus on contractual guarantees when considering annuities.

Buy annuities for specific needs like principal protection, income, long-term care, or legacy, not for market returns.

Be wary of urgency sales pitches, steak dinner seminars, advisors behaving like friends, backdated performance illustrations, promised market participation with no downside, upfront bonuses, and showing other clients' accounts as proof of returns. 

 
"Do not fall for market upside but no downside. Do not fall for market participation with principal protection. All those yummy sales pitches that look like they should go on a t-shirt. Do not fall for that. Do not fall for the upfront bonus." —  Stan The Annuity Man. 
 
Connect with The Annuity Man: 
Website: http://theannuityman.com/ 
Email: Stan@TheAnnuityMan.com 
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g 
Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!